Luxury looks like a China carry trade set to unwind

Multinationals have a puzzle that they need to tease out in China, the world’s biggest market for luxury products: What’s driving a slump in sales? Is it because

Raising retirement age won’t solve China’s demographic problem, immigration might

China’s recent decision to raise the retirement age is a response to its looming demographic crisis, driven by an aging population and shrinking workforce. The Communist Party’s move,

International students will offer a big boost to the US economy

Of the millions of young adults heading off to college this fall, many will be international students. If trends continue, about 1 million students from around the world

Dementia risk factors identified in new global report are all preventable

Nearly half of all dementia cases could be delayed or prevented altogether by addressing 14 possible risk factors, including vision loss and high cholesterol. That is the

How big is the yen carry trade, really?

When two popular trades, such as buying US big tech stocks and selling the Japanese yen, are unraveling at the same time, investors naturally think they are somehow

Ukraine’s foray into Russia’s border region embarrasses Putin

Ukraine’s recent cross-border raid into Russia’s Kursk region marks a significant escalation in the nearly 2½-year war, revealing vulnerabilities in Russia’s defenses and embarrassing the Kremlin. The surprise

Heat risk isn’t just about the highs: Large daily temperature swings can harm human health

This summer has highlighted how high temperatures can be deadly, but it’s not just extreme heat and cold that are concerning—daily temperature swings also pose significant health risks.

China’s had enough of its own toxic price wars

China’s Politburo, its most powerful political body, recently pledged to boost consumer spending and curb “vicious competition” among businesses. This unusually direct statement reflects growing concerns over intense

Vietnam’s late Trong left a legacy in ‘bamboo diplomacy’

As a rule, the U.S. secretary of state does not attend the funeral of the general secretary of a Communist party. Yet that is exactly what Washington’s top

Thailand’s establishment silences voices of change

Nearly 15 months since Thailand’s general election on May 14, 2023, a political reset is underway to preserve the disguised autocratic power of the royalist-conservative establishment. The

Worries that situation in Middle East is on the brink of spiraling out of control not unfounded

China is among those countries that have expressed their concern at the latest turn of events in the Middle East. In a routine news conference, responding to

‘Project 2025’ raises genuine concerns

The Heritage Foundation unveiled its so-called Project 2025: Presidential Transition Project as early as April last year. But it was not until Republican presidential candidate Donald Trump had

USA, China, decoupling, and the ‘little guy’

As the years go by, we realize that decoupling does not (and will not) occur in all areas simultaneously; it tends to occur in a fragmented and sector-specific

Bigger BRICS building a multipolar world

Malaysian Prime Minister Anwar Ibrahim announced on Sunday that Malaysia has officially applied to join the greater BRICS grouping. In late May, Thailand’s Cabinet approved a draft application

Big luxury frets that China is turning Japanese

Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chill. And as so often, the wind is blowing from the East.

China’s appeal belies business exodus

Given the rising geopolitical tensions between China and the United States, and the “de-risking” strategy being pushed ahead by some Western countries to reduce dependence on China in

Malaysia sheds short-termism to become Asia’s comeback kid

While Thailand’s policy uncertainty risk premium has been rising during a year of political upheaval, Malaysia has been charting an economic comeback by being unusually quiet and stable

Xi is no fan of bankers. He’s got reasons

The disconnect between Wall Street and Main Street is reaching a flash point in China. President Xi Jinping has made it clear that he is no fan

Joe Biden’s graceful exit

“Old age,” lamented Trotsky, “is the most unexpected of all things that can happen to a man.” Joe Biden knows the feeling. Straining against every instinct of the

Country will open door wider

The Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization approved by the third plenary session of

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